An Increase in the Number of Workers Hired by a Firm

question 37

Multiple Choice

An increase in the number of workers hired by a firm could result from

• A)a decrease in the marginal product of labor.
• B)a decrease in the marginal revenue product of labor.
• C)an increase in the real wage.
• D)a decrease in the real wage.

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Definitions:

Creative Behaviors

Actions that demonstrate innovation, imagination, and the ability to generate novel ideas or solutions.

Practiced Creativity

The ability to seize opportunities to apply creative skills in the workplace.

Emotional Intelligence

The ability to recognize, understand, manage, and reason with emotions in oneself and others.

Self-Leadership

The process of influencing oneself to establish the self-direction and self-motivation needed to perform or achieve goals.